> For the complete documentation index, see [llms.txt](https://documents.geb.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://documents.geb.network/tokenomics.md).

# Tokenomics

This Tokenomics structure ensures a fair distribution mechanism with zero pre-mining, incorporating gradual token unlocks through mining while maintaining strategic allocations for Eco. development, community growth, and long-term sustainability.

{% hint style="success" %}
$GEB and $BEVM are the governance tokens on EVM and WASM chains, respectively. Essentially, they are the same coin and can be exchanged at a 1:1 ratio. When you complete a transfer between EVM and WASM, the conversion happens automatically.
{% endhint %}

### Token Details

<table><thead><tr><th>Parameter</th><th width="508">Value</th></tr></thead><tbody><tr><td>Token Name</td><td>GEB Governance Token</td></tr><tr><td>Chain</td><td>GEB Chain(Wasm)</td></tr><tr><td>Symbol</td><td>GEB</td></tr><tr><td>Decimal</td><td>8</td></tr></tbody></table>

<table><thead><tr><th>Parameter</th><th width="508">Value</th></tr></thead><tbody><tr><td>Token Name</td><td>BEVM Governance Token</td></tr><tr><td>Chain</td><td>GEB Mainnet(EVM)</td></tr><tr><td>Symbol</td><td>BEVM</td></tr><tr><td>Contract Address</td><td><a href="https://scan-mainnet.bevm.io/token/0xdCa01E9c0f6E7B3a8dF8297176ab4C94be89B6BB">0xdCa01E9c0f6E7B3a8dF8297176ab4C94be89B6BB</a></td></tr><tr><td>Decimal</td><td>8</td></tr></tbody></table>

### Total Token Allocation

<figure><img src="/files/3Yo2hgsSE4ELeRZlNeHC" alt=""><figcaption></figcaption></figure>

* **Airdrop**: 10%
* **Investors**: 10%
* **Team**: 4%
* **LBTC Protocol**: 30.4%
* **BitAgere Protocol**: 41.225%
* **Treasury**: 4.375%

### Mining Mechanism

* Zero pre-mining policy - all tokens are unlocked through mining
* Initial mining reward: 30,000 BEVM per session (1 hour)
* Firstly halving occurs after 35,000 sessions (\~4 years)
* Post-halving reward: 15,000 BEVM per session

### Vesting Schedule

<figure><img src="/files/RHkocHbbfKUQVP53g0N5" alt=""><figcaption></figcaption></figure>

#### Airdrop (10%)

* First 12 months: 0.33% monthly unlock
* Following 48 months: 0.125% monthly unlock
* Total vesting period: 60 months

#### L-BTC Stake (30.4%)

* **First 60 months**
  * 40% allocation of remaining tokens per session after airdrop/investors/team distribution
* **Post 60 months**
  * 40% allocation of unlocked tokens per session

#### Agere Consensus (41.225%)

* **First 60 months**
  * 60% allocation of remaining tokens per session after airdrop/investors/team distribution
* **Post 60 months**
  * 50% allocation of unlocked tokens per session

#### Investors (10%)

* **Seed Round**
  * 6-month cliff period
  * 48-month linear vesting thereafter
* **Series A**
  * 36-month linear vesting from TGE (Token Generation Event)

#### Treasury (4.375%)

* 60-month cliff period
* Post-cliff: 10% allocation of unlocked tokens per session

#### Team (4%)

* 12-month cliff period
* 48-month linear vesting thereafter